Creating Wealth with Kathleen Mailer (www.kathleenmailer.com)- Publisher of Today’s Business Woman Magazine
3 Ways to Create Wealth
You need to have three different things in your income. You need to create:
- Immediate Income: You can give someone a product and they give you $20 back.
- Intermediate Income: Money you know is coming in every month for the next 12-18 months no matter what, whether you are working or not.
- Legacy Income: Something that continues to grow and grow for passing it on for generation to generation.